diversified mixed asset portfolios via different hedge tools. Several hedging strategies, using currency forwards and currency …

Surveys of corporate risk management document that selective hedging, where managers incorporate their market views … into firms’ hedging programs, is widespread in the U.S. and other countries. Stulz (1996) argues that selective hedging … strength to withstand the additional risk from market timing. We study the practice of selective hedging in a 10-year sample of …

thorough analysis of optimal hedging pay-off functions. Performance assessment is conducted in the context of the US gas market … and a prototypical urban region. Results suggest that hedging through suitable custom claims written on price and an … additional index significantly outperforms standard pricebased as well as mixed price-index forward hedging alternatives. Our …

Switzerland. Private U.S. but not Swiss insurance has a hedging effect for consumers, while both social insurance schemes expose … of common trends. Therefore, insurance companies could offer combined policies to the benefit of consumers, hedging their …

We document that the convenience yield of U.S. Treasuries exhibits properties that are consistent with a hedging … inflation expectations that erode the hedging properties of U.S. Treasuries and other fixed-income money-like assets, inducing a …